Business recovery and insolvency – Pitcher Partners
Business recovery and insolvency Pitcher Partners Read the original article here
Restructuring & Special Situations – Ashurst
Restructuring & Special Situations Ashurst Read the original article here
Key service provider files Chapter 7 bankruptcy, plans liquidation – TheStreet
Key service provider files Chapter 7 bankruptcy, plans liquidation TheStreet Read the original article here
Billionaire high-roller, Yew Choy Wong, who skipped town owing casino $43m ordered to repay debts
That is because on August 3, 2018, Wong cancelled the blank cheque and instructed his bank not to honour any attempts to draw money from The Star GC. The casino made written demands to Wong for the amount of $43,209,853.22 on October 16, 2018 and December 21, 2018. Wong denied giving the Gold Coast casino…
“Overwhelming Debt” Comedian Lee Jin-ho Sent to Prosecutors on Illegal Gambling Charges
오프라인 본문 이미지 – SBS 뉴스 Comedian Lee Jin-ho, 39, has been sent to the prosecutors on charges of illegal gambling following a police investigation. On October 17, the Gangnam Police Station in Seoul announced that they had forwarded Lee Jin-ho to the prosecution on October 15 for illegal gambling. This follows a complaint filed…
Overlooked Liquidation Opportunity with Significant Upside Potential
On 26th February, Zytronic issued a letter to shareholders outlining three key points:They were unable to find a buyer for the business as a going concern.They have decided to proceed with liquidation.The estimated liquidation outcome ranges from 46p to 60p per share, with the process expected to take around nine months.A circular will be sent…
NCLAT Rejects BYJU’S Settlement Plea, Upholds Insolvency Proceedings
The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against Byju’s and to consider the settlement between the beleaguered edtech company and the BCCI. They had challenged the order passed by the Bengaluru bench of the…
NCLAT dismisses Byju’s settlement plea, upholds insolvency – GujaratSamachar English
NCLAT dismisses Byju’s settlement plea, upholds insolvency GujaratSamachar English Read the original article here
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Bankruptcy in Canada: Guide for Employees
What happens to employees when a company goes bankrupt? When a company in Canada files for bankruptcy or begins restructuring under the Companies’ Creditors Arrangement Act (CCAA), employees are often left wondering what happens to their jobs, severance pay, and benefits. At Samfiru Tumarkin LLP, we’ve helped thousands of non-unionized employees navigate mass layoffs and…